
Various types of loan programs
FHA Loans
The FHA, or Federal Housing Administration, provides mortgage insurance on loans made by FHA-approved lenders. FHA insures these loans on single family and multi-family homes in the United States and its territories.
Conventional Loans
A conventional loan is a loan backed by either Fannie Mae or Freddie Mac, the two entities which comprise the Federal Housing Finance Agency (FHFA). More than half of all new mortgage loans are conventional loans, which include special mortgage programs such as the HomeReady™
VA Loans
A VA loan is a mortgage loan in the United States guaranteed by the U.S. Department of Veterans Affairs (VA). The loan may be issued by qualified lenders. The VA loan was designed to offer long-term financing to eligible American veterans or their surviving spouses (provided they do not remarry).
Additional Programs
- FHA Loans
- VA Loans
- FNMA / FHLMC Conventional
- Manual Underwriting
- CALHFA ZIP
- GFSA Platinum
- Plus Connect
- Refi Possible
- Refi Now
- Asset Connect
- Investor Select
- Jumbo
- DACA
- Bank Statement
- Non-QM
- Alt-QM
- Call for more programs
Common Program Highlights*
FHA Loans
• 3.5% down payment
• Gift funds allowed
• Down Payment assistance programs
VA Loans
• 100% financing
• NO VAFF if borrower exempt
• Gift funds allowed
GFSA
• Available with Conventional, FHA, VA
• Assistance with Down pymnt & closing Costs
• Low to moderate income families
Jumbo
• Documentation per AUS
• LTV up to 89.99% (impounds required)
• First time homebuyer allowed
CalHFA ZIP
• Available with Conventional & FHA
• Assistance with Down pymnt & Closing Costs
• Allows for minimal borrower contribution
Conventional Loans
• 3% down payment option
• Gift funds allowed owner occ/ 2nd home
• Down payment assistance programs
*All loan programs, terms and interest rates are subject to change and/or discontinuance without advance notice.
Questions?
Have questions about our programs and products? Speak with a Program specialist today by filling the form out below or calling us directly at (888) 329-8518